Matas — AGM Information 2014

Jun 30, 2014

Company announcement no. 7 2014/15 Allerød, 30 June 2014

Proceedings at the annual general meeting

Matas A/S held its annual general meeting on 30 June at 4:00 p.m. at the Tivoli Hotel & Congress Center.

Mr. Niels Heering, Attorney-at-Law, was appointed chairman of the meeting.

At the general meeting note was taken of the report by the Board of Directors on the activities of the company during the 2013/14 financial year, the annual report for 2013/14 was approved, and the Board of Directors and the Executive Management were discharged from liability.

The shareholders approved the dividend of DKK 5.50 per share of DKK 2.50 nominal value proposed by the Board of Directors, equivalent to a total of DKK 224 million.

The shareholders approved the fees of the Board of Directors and the chairman of the Audit Committee for 2014/15.

The shareholders authorised the Board of Directors to let the company acquire treasury shares for up to 10% of its share capital in the period until the next annual general meeting, always provided that the company's holding of treasury shares may at no time exceed 10% of its share capital, and provided that the purchase price does not deviate by more than 10% from the price quoted on NASDAQ OMX Copenhagen at the time of purchase.

The shareholders adopted a resolution to change the company's remuneration policy in accordance with the proposal of the Board of Directors.

Lars Vinge Frederiksen, Lars Frederiksen, Ingrid Jonasson Blank and Birgitte Nielsen were reelected to the Board of Directors. Christian Mariager was elected new member of the Board of Directors. At the same time, Søren Vestergaard-Poulsen retired from the Board of Directors.

KPMG Statsautoriseret Revisionspartnerselskab was re-appointed as the company's auditors.

Immediately after the general meeting, the Board of Directors elected Lars Vinge Frederiksen Chairman and Lars Frederiksen Deputy Chairman of the Board of Directors.

Matas A/S

Lars Vinge Frederiksen Chairman

For further information, please contact:

Jesper Breitenstein, Head of Investor Relations Tel. +45 2780 7675

About Matas

Matas is the largest health and beauty retailer in Denmark. Since its incorporation in 1949 as an association of independently owned stores, the company has developed a strong reputation for professional advice and customer service excellence that it has leveraged to establish one of the best-known retail chains in Denmark. Matas offers a distinctive one-stop retail concept which serves a broad range of health, beauty, household and personal care needs. The company has more than 2,400 employees and in the financial year 2013/14, revenue amounted to DKK 3,345 million.